New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-02
The bank exchanges at the New-York Clearing House
aud stocks sold New York Stock Exehange for

The bank exchanges at the New-York Clearing House
the weeks of three years compare as follows:
Sss sss.: lsi E s Ag ~:
4a5 per cent; there exceptions at pig and @
cent but one rate was eg itimate as the other
corng the character of the borrower aud of the col
laerals The domestic exchanges favorable to New
York at all points excepting Boston and Chicago al
Boston Sew-Y0rk checks still at discount OF II
cents and Chicago the latest quotation go cents
discount the latter because of the unusually large
ment Eastward OF grain The foreign exchanges were
81 s6ia aud "a s7 respectively for long aud short ster
ling. After Thursday, when the Bank OF England
easier without however any change the quotations
AT the stock Exchange it was another week OF rregu
lar ana unsettled markets Speculation hesitated under
the pressure OF continued pessnistc utersnces CON
which added the disturbing Influence OF European
sales because OF the German trouble the
the stock market was disturbed and and prices
declined on the average some or per cent.
coed ordinary fuctuation In speculative markets 1t
was spoken OF and commented upon affair of ire
about this fly upon the cart-whee the railway bond
market remained firm and in instances made
si2,oOooeo 4 per cent loan. which was opened
for subscription last Monday, was all
part thu condition ' on the
bond market and the continued investment absorption OF
issues when compared with the sagnaon of the stock
speculation, furnishes illustration OF the fact
country Nework and S Ea o, sn On ne o scs
the best Of the abilities Of its friends made to serve
as dead weight upon the general speculation IL was
meeting of the directors Of the company member Of
the board rendered his resignation and in his place
elected gentlemen who at the time known 10 be
s10 s of and Who At all times has
ton OF the gentleman in declining trustee In
property OF which he not a stakeholder "
was In marked contrast with that or the board
which elected him. There is no question
that with the change In management which occurred
last December all the schemes then projected for placing
the New York and New-England property an eidur
Ing Foundation OF progress fell 10 the ground and that
such schemes the management had, IL any, have
central position In New Engands network Of railways
ana lt VIII require something more than poor manage
ment the property does not hold advantageous posi-
ton with Western connections when the Poughkeepse
Bridge shall be completed. After Thursday better
prevailed In the market and the prices was
upward not because OF better demand for stocks
because the labor OF depression with small results
hai become tedious TO those engaged in the With
the pressure of offerings OF short stocks removed
scarcity OF any for sale became apparent aud hence
prices responded TO moderate demands rhe tho
shares but with that small business a fun recovery gen.
orally was recorded and in instances small
Hons were added to the figures OF ago. The rail-
WAY earnings for the third week of April yet reported
WIN Few exceptions show gains upon the cor
responding week OF 1886 Despite the Interstate Com
ncfce law aud the usual hating progress here aud
.efe WIN cer:an departments OF trade special local.
,"es, .no gchcrai reports OF trade and movements OF
tie Gun and from the Atlantic to the Pacific The Az
Kresae transactions In stocks for the week were oi
oV24 Shares, against 1902 f5l shares FOR the pre-
suioned Is usual table giving the highest lngest
na hna prices and number Of shares sold Tor me week
toethrr With tie final prices OF week ago OF syty ono
ssFe representative stocks prcxcd BY the prices OF
A.